Backdoc » April 13th, 2015, 6:36 pm THE 3 ECONOMIC ADJUSTMENTSMANY WEEKS AGO WE SAW ARTICLES STATING THAT THE GOI WAS COMPLAINING OF LOWER OIL PRICES AND THE IMPACT IT WOULD HAVE ON THEIR BUDGET AND ECONOMY!

BACK THEN I MENTIONED THAT THEY WOULD HAVE THREE OPTIONS: FIRST I SAID THEY WILL HAVE TO CUT THEIR BUDGET ON THE EXPENSE SIDE WHICH THEY HAVE DONE.

I ALSO MENTIONED THAT THEY WOULD HAVE TO INCREASE THEIR PRODUCTION OUTPUT TO SELL MORE OIL AT THE CHEAPER PRICE, HENCE CONTRIBUTING TO AN OIL GLUT ALREADY UNDERWAY WORLD WIDE.

I MENTIONED IT WOULD CHANGE THE LANDSCAPE OF OIL SALES WORLD WIDE. REMEMBER I SAID OIL WOULD FALL AND FALL IT DID!
....

NOW WE SEE THEM ADMIT THEY WILL RAMP UP PRODUCTION TO SELL MORE AT THOSE LOWER PRICES STEALING BUSINESS AWAY FROM COUNTRIES WITH HIGHER EXTRACTION COSTS!

IS THE REAL OIL WAR OVER OR JUST BEGINNING? MMMM

WELL, TIME WILL TELL THE STORY!

FINALLY, I SAID THEY WOULD NEED TO DIVERSIFY THEIR ECONOMY WITH OTHER RESOURCES SUCH AS MINING, AGRICULTURE, TOURISM ECT. TO INCREASE THEIR GDP!

BINGO, THREE FOR THREE!

THEY ARE DOING ALL THREE!

THE OIL MINISTER AS WELL AS PM ABADI CALLED FOR ACTIVATING THE ECONOMY AND TODAY THEY ARE IN THE USA IN A HIGH DELEGATION DEALING WITH THESE VERY ISSUES! MMMM

CURRENTLY, WE SEE THEM BEGINNING TO IMPLEMENT THE BUDGET PIECE BY PIECE NOW THAT IT IS PRINTED AND IN THE GAZETTE.

AS THEY SAID IN THE NEXT FEW DAYS THEY WILL DISBURSE THE REMAINING 70% OF THE BUDGET!

OF COURSE CURRENTLY, WHAT THEY ARE DOING ON THE DISBURSEMENT SIDE IS ALL DIGITAL!

SALARIES ARE BEING DISBURSED DIGITALLY ON THE SMART CARDS!

WE SEE BANKS ACCEPTING OLD DAMAGED AND WORN OUT BILLS DEPOSITED INTO DIGITAL FORMAT BUT NOT REPLACED!!! MMMMM SMART!!!

THE IMPORTANT THING TO NOTE HERE IS THAT DIGITAL CAN BE ADJUSTED WHEN THE RATE GOES LIVE! YOU SEE, "VALUE CAN BE ADJUSTED INSTANTANEOUSLY”!

EVERYDAY DAY THAT PASSES BY WAITING FOR THE FIFTIES TO BE HISTORY, THE ODDS RISE IN OUR FAVOR!

HOW MANY ARE LEFT? WILL THEY PULL THE INTERNATIONAL TRIGGER BEFORE THE APRIL 3OTH DEADLINE? ALL GOOD QUESTIONS AND SPECULATIVE THOUGHTS OF COURSE, IF WE ONLY KNEW!

TALK OF NEW 50,000 AND 100,000 DENOMS BEING RELEASED VERY SOON!! AHH, BUT NOT BEFORE A INTERNATIONAL RATE AS WE KNOW, OTHERWISE THEY WOULD DO SEVERE DAMAGE TO THE NOTE COUNT! SLAP!! WHAT DO YOU THINK WE ARE STUPID?? LOL

INCREASED FACILITIES TO EXCHANGE THE DOLLAR ARE OPENING UP FOR THE MASS EXODUS OUT OF THEM ONCE THEY ACTIVATE THE NEW IR!

TODAYS DESSERT, WITH A CHERRY ON TOP, IS THIS HIGH DELEGATION FROM IRAQ IN THE U.S. DISCUSSING MAJOR ISSUES OF WHICH THEY MENTION, DEFENSE, AND ACTIVATING THE IRAQI ECONOMY!

WELL, SLAP! THAT’S US GUYS! OPEN THE FRONT DOOR AND CLOSE THE BACK DOOR!! HEEE HEEE

MP for the National Coalition Hassan Chuird, banks, with the support of investment projects that raise GDP, and raise obstacles in front of student loans.

A statement by his office on Monday, the agency received all of Iraq [where], a copy of the "Chuird met Rasheed Bank director, said during the meeting the importance of upgrading by banking services, to meet the aspiration of the Iraqi citizen, and the need to speed up the completion of transactions for integrated services and record time Short. " He called Chuird, according to the statement, to "support investment projects that raise the GDP, which can be through the establishment of residential complexes to effectively contribute to the reduction of the housing crisis in the country." He called for "lifting obstacles to the granting of loans to widows, divorcees and retirees , and advances to the marriage to subsidize this important segment to live with dignity. "

The statement continued, "also met Chuird passports Mahmudiya Director Major Mohammad Mutlaq, and praised the fruitful efforts in the follow-up and completion of transactions, calling to facilitate the completion of the displaced citizens' transactions and to prevent obstruction" .anthy

source close to Prime Minister Haider al-Abadi, on Monday, that the latter and his accompanying delegation will arrive in the ninth pm America to Washington.

The source said in a statement to the Agency / information /, the prime minister and his accompanying delegation will arrive in the evening, today, to Washington DC and will travel Maeshrh to the White House amid security clampdown.

meet Abadi on Tuesday morning, Vice President Joe Biden and after US President Barack Obama will meet for the purpose of discussing the military file and how to arm the security forces.

In the afternoon the same meet Abadi, a number of heads of economic enterprises The investment for the purpose of supporting investment and economic activity, and how the security environment for the provision of investment companies for the purpose of coming to Iraq.

While he will meet on Wednesday morning, Congress and the US Senate as well as the Foreign Relations Committee in the US Senate. And meet with the delegation accompanying Ebadi will meet this morning the same number of investment companies in all areas. Finished / 25LINK

Mon Apr 13 2015 five twenty-nine p.m. | (Voice of Iraq) - Add Comment - heading a delegation from the Iraqi parliament and the Iraqi government to the United States at the official invitation of US President Barack Obama. The delegation included Finance Minister Hoshyar Zebari, Minister of Oil and Minister of Defense and Minister of Education Higher MP Vian Dakhil and MP Sadiq al-Rikabi d. Bushra al-Obeidi of human rights. This is the first visit to Ebadi US capital since taking office in August / August 2014.

Oil Minister Adel Abdul-Mahdi stressed the importance of going out of the rentier state by ending the state monopoly on oil imports almost everything, and the inclusion of all of the works in the private law of security and pension and all other rights enjoyed by public servant sector, pointing out that the integrated economy will not be achieved if provide the private sector facilities and protections, and guarantees and special care to accomplish his mission.

Abdul-Mahdi stressed the need to reform the entire Iraqi economy and opening up to the community and corporate and private investments to solve the unemployment problem and addressed the launching of the economy, pointing to the importance of the cooperation of all of the ministries and the private sector.LINK

The face of the Rasheed Bank, Sunday, a number of branches in Baghdad to take over the damaged citizens currency.

According to Director General of the Rasheed Bank Mohamed Abdel Wahab said in a statement received / scales News / copy of it: he "was identified ports to replace the damaged currency of citizens came based on the directives of the Central Bank of Iraq," noting that "the management of the bank and directed the Treasury Department to withdraw the damaged cash and deposited with the central bank ".

Abdul Wahab said that "the branches that hired her to withdraw the damaged Monetary task is branches Shorja, beautiful and willing Khatoon neighborhood of Sumer and Baya and Utaifiyya branch Karkh addition to Yarmouk branch", knowing that the management of the bank and brought in earlier to facilitate the payment and withdrawal of instruments pilgrims in hot spots and received salaries measures retirees to those areas through the allocation of branches in Baghdad " . 29-3 / h LINK

According to Director General of the Rasheed Bank Mohamed Abdel Wahab said in a statement received by all of Iraq [where] a copy of it that he "was identified ports to replace the damaged currency of citizens and was based on the directives of the Central Bank of Iraq."

He said, "we send out the Bank's management / treasury department to withdraw the damaged cash and deposited with the central bank. "

The manager in the Rasheed Bank, "he earlier we send out the management of the bank to facilitate the procedures of the payment and the withdrawal of instruments pilgrims in hot areas and receive pensions for those areas through the allocation of branches in Baghdad," .anthy

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